Interrelated Attributes of Project Feasibility

Abstract

Feasibility consists of inter-related questions. Often, organizations place a narrow technical focus on the technical feasibility of a preferred option (Lucae et al. 2014; Samset 2009). Hence, many frameworks, including TELOS, have been developed to encourage more holistic feasibility appraisal (Bause et al. 2014; Burch 1992). Poorly considered feasibility studies are a significant contributor to project failure, loss of reputation, lost opportunity, excess sunk costs, loss of morale, and litigation (see Sahu 2014).